HSBC India

Growth was driven by stronger domestic demand and new orders, even as export growth weakened and cost pressures remained elevated

Anand, a veteran banker with 25 years of experience, will oversee HSBC's global India private banking franchise across India and key international hubs

HSBC has cut India to underweight, citing inflation risks, high energy prices and weak demand outlook, warning of potential earnings downgrades and subdued foreign inflows

HSBC India's CY25 pre-tax profit rose 10.5% to $1.9 billion, led by strong corporate banking performance, as India became its second-largest Asian profit contributor after Hong Kong

Companies recruit additional staff and scale up output as sales improve

Silver moving through the $90/oz mark, believes Nigel Green, chief executive officer of deVere Group, a global consulting firm that has $14 billion in AUM, marks a decisive shift in market psycology

IPOs falter, Jakarta tops Tokyo, tourism patterns shift, temperatures rise, and China sets solar and tech records

India's factory activity grew at its slowest pace in 24 months in December as output and new orders softened, though the PMI stayed above the expansion threshold

Foreign portfolio investors have sold $16.8 billion worth of Indian equities in 2025 so far, putting the market on track for a record year of outflows

Light FPI positioning seen as bullish sign as HSBC, Goldman turn overweight India

HSBC launches Innovation Banking in India with $1B non-dilutive capital to help startups scale and retain equity

Bank financing of M&As will be like any other business and only needs guardrails

The primary reason for the underperformance of the Indian market in the past year, according to analysts, is weak domestic growth

Services led the growth, with activity hitting a record 65.6, while manufacturing preliminary PMI climbed to 59.8 in August, its strongest level since January 2008

Along with the 25 per cent tariff in effect, the US had imposed an additional 25 per cent penalty on India for importing crude from Russia

India's services PMI rose to 60.5 in July, the highest in 11 months, led by strong international sales, new orders and demand from Asia, Europe and the US

In Asia, HSBC India's PBT is the second highest after Hong Kong. In the half year ended June 30, 2024 (H1CY24), the India arm of the UK-headquartered bank had reported a PBT of $798 million

ECM activity has rebounded sharply over the last couple of months, with significant pickup in IPOs and block deals, says Davda

Manufacturing PMI May 2025: Although new orders and production continued to rise, the rates of growth softened to three-month lows

The ongoing tariff wars seem to have triggered a rethink among Indian businesses, and a growing number of entities are shifting focus to prioritize domestic markets, a survey of 250 entities released on Thursday said. "Indian firms are rethinking their trade strategies to adapt to evolving market dynamics, with 87 per cent of firms pivoting their focus toward domestic clients, prioritizing local customer needs to ensure stability," the survey of entities having turnovers between USD 50 million-2 billion, said. Over three-fourths of the respondents said that they are reassessing their long-term business strategies in response to changes in trade policies, as per the survey conducted by foreign lender HSBC. Four-fifths of the respondents said they are exercising greater caution in expansion and investment decisions due to trade-related uncertainties. US President Donald Trump has taken a slew of measures on the trade policies front to protect domestic interests, which are different f